Rithm Capital Corporation (RITM) concluded trading on Wednesday at a closing price of $10.56, with 6.8 million shares of worth about $71.77 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.88% during that period and on November 06, 2024 the price saw a gain of about 0.38%. Currently the company’s common shares owned by public are about 519.73M shares, out of which, 516.83M shares are available for trading.
Stock saw a price change of -2.13% in past 5 days and over the past one month there was a price change of -0.94%. Year-to-date (YTD), RITM shares are showing a performance of -1.12% which increased to 7.76% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.68 but also hit the highest price of $12.02 during that period. The average intraday trading volume for Rithm Capital Corporation shares is 3.99 million. The stock is currently trading -0.76% below its 20-day simple moving average (SMA20), while that difference is down -5.07% for SMA50 and it goes to -4.44% lower than SMA200.
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Rithm Capital Corporation (NYSE: RITM) currently have 519.73M outstanding shares and institutions hold larger chunk of about 46.16% of that.
The stock has a current market capitalization of $5.49B and its 3Y-monthly beta is at 1.79. PE ratio of stock for trailing 12 months is 10.70, while it has posted earnings per share of $0.99 in the same period. Its PEG reads 0.76 while making debt-to-equity ratio of 4.20. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RITM, volatility over the week remained 2.19% while standing at 1.60% over the month.
Stock’s fiscal year EPS is expected to drop by -12.42% while it is estimated to increase by 4.47% in next year. EPS is likely to grow at an annualized rate of 14.14% for next 5-years, compared to annual growth of -17.08% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on December 06, 2023 offering a Buy rating for the stock and assigned a target price of $12.50 to it. Coverage by B. Riley Securities stated Rithm Capital Corporation (RITM) stock as a Buy in their note to investors on December 16, 2022, suggesting a price target of $12 for the stock.
